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Economy of Bastar


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the Forest Department. The forests provide for people’s consumption needs — fuel and firewood, medicines, food and drink, implements and housing materials

Major Industries
Nagarnar Steel Plant

National Mineral Development Corporation (NMDC) is setting up a 3 MTPA capacity greenfield Integrated Steel Plant in Nagarnar, located 16 km from Jagdalpur, with an estimated outlay of Rs 21,000 crore. The land for the plant has already been acquired as of August 2010 and, as of February 2012, 5 major packages of the steel plant have already been awarded to internationally acclaimed companies at a cost of around Rs.6,500 crore.

Tata Steel Plant

Tata Steel had inked the deal with the Chhattisgarh Government in June 2005 to set up a green field integrated steel plant at Lohandiguda, about 20 km from Jagdalpur. The proposed 5.5-million-tonne per annum plant has an estimated outlay of Rs 19,500 crore.

An environment ministry panel has recommended the diversion of forest land for the steel plant in a decision that was taken in the meeting of a Forest Advisory Committee (FAC) of the Ministry of Environment and Forests (MoEF), Government of
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